Social Security Update for January 2023 How much baht does the insured have to pay under section 33, section 39 and section to contribute to social security?
Entering a new era, 2023 is considered to have passed the pension remittance rate adjustment. In case Section 33 Insured, Section 39 Insured and Section 40 Insured have to start paying social security contributions for a new period in January 2023, how many baht will have to be paid in each section? Let’s see together.
How much does Social Security pay in January 2023?
insured person, section 33
- Employers and employees pay 5% each, if someone has a salary of 15,000 baht or more, they must contribute 750 baht a month.
When you include all social security contributions paid in the last 12 months in 2022, in the case of those earning more than 15,000 baht, this means that in 2022 they paid a total contribution of 6,300 baht (from the original 9,000 baht) because the contribution rate Art. 33 was reduced in the months of May-July and October-December 2022
Insurer, Section 39
- Contribution to social security under section 39 in the amount of 432 baht
When including the amount of contributions that the insured under Section 39 pays to Social Security for the whole year 2022, it will be a total amount of 3,585 baht because there is a reduction in the contribution rate in May – July and October -. , as well as those insured under section 33
insured person, section 40
- Option 1: Pay contributions to the fund and be entitled to compensation benefits. In case of danger or illness, disability, death at the rate of 70 baht per month
- Option 2: Pay contributions to the fund and be entitled to compensation benefits. In case of danger or illness, disability, death and old age at the rate of 100 baht per month
- Option 3: pay contributions to the fund, which entitles you to compensation benefits in the event of danger or illness, disability, death, old age and, in the case of child support, at the rate of 300 baht per month.